5E Advanced Materials (NASDAQ:FEAM) Receives Sell (E) Rating from Weiss Ratings

5E Advanced Materials (NASDAQ:FEAM)‘s stock had its “sell (e)” rating reiterated by investment analysts at Weiss Ratings in a research report issued on Saturday,Weiss Ratings reports.

Separately, Maxim Group decreased their price target on shares of 5E Advanced Materials from $23.00 to $12.00 and set a “buy” rating for the company in a report on Wednesday, February 19th.

5E Advanced Materials Stock Performance

Shares of FEAM opened at $4.33 on Friday. 5E Advanced Materials has a one year low of $2.82 and a one year high of $45.89. The company has a 50-day moving average of $6.87 and a two-hundred day moving average of $10.28. The stock has a market cap of $12.97 million, a price-to-earnings ratio of -0.17 and a beta of 1.67. The company has a debt-to-equity ratio of 35.91, a current ratio of 0.15 and a quick ratio of 0.15.

5E Advanced Materials (NASDAQ:FEAM) last announced its earnings results on Thursday, February 13th. The company reported ($4.83) EPS for the quarter. On average, equities research analysts expect that 5E Advanced Materials will post -9.22 earnings per share for the current year.

Institutional Trading of 5E Advanced Materials

An institutional investor recently raised its position in 5E Advanced Materials stock. Geode Capital Management LLC increased its stake in shares of 5E Advanced Materials, Inc. (NASDAQ:FEAM) by 11.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 487,922 shares of the company’s stock after purchasing an additional 51,668 shares during the quarter. Geode Capital Management LLC owned approximately 0.71% of 5E Advanced Materials worth $264,000 as of its most recent filing with the SEC.

5E Advanced Materials Company Profile

5E Advanced Materials, Inc engages in the exploration and development of mineral properties in Australia and the United States. The company primarily explores for borates and lithium deposits. It holds 100% interest in the Fort Cady project located in the Mojave Desert region in eastern San Bernardino County, California.